FOREXIA – Trading M and W Formations

The video starts with an introduction to trading M and W formations. It also provides information on accessing more resources on their website and telegram community.

Focus on using a 15-minute timeframe with naked chart analysis. Explanation of the 800, 50, and 20 moving averages. Discussion on session breaks and identifying M and W formations based on highs and lows.

Detailed explanation of trading strategies for M and W formations on a 15-minute chart. Highlights the importance of focusing on highs and lows of the day, week, and month for trading opportunities.

Discussion on practical examples of trading opportunities using M and W formations. Emphasis on using the 200 moving average and understanding divergence to make informed trading decisions.

Insight into market manipulation by dealers and how retail traders follow trends. Explains how M and W formations trap retail traders by creating false trends and how to identify and capitalize on these patterns.

Explanation of how dealers shift prices to trap retail traders and how to identify trend shifts using M and W formations. Emphasis on catching the second leg of the pattern for profitable trades.

Discussion on the significance of divergence in identifying market trends and price movements. The importance of staying focused on M and W formations for trading success.